303 Crane ST, Austin TX 78734

The market data from 7 similar recent sales in 78734 points to a value of approximately $429,945. To sell within a reasonable timeframe at fair market value, the $469,000 to $473,000 range is where I'd position this. With 7 comparable homes on the market in 78734, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (126 sqft vs the comp average) plays a role in how the market prices it. The 1984 construction puts this home 12 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78734; a buyer's market based on recent absorption. In 78734, home values have fallen approximately 10.4% over the past 6 months. One of the strongest data points is 304 Flamingo DR, Austin TX 78734, adjusting to $468,524; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group